After a record-breaking three years of growth, the Capital Region’s single-family residential real estate market has cooled. The dollar volume of single-family home sales dropped nearly 10% last year, although sales were still higher than in 2019 and 2020. The decrease was felt not only in the region as a whole, but also in each
Single family: A hot market chills
Rising interest rates are slowing sales but the residential market remains healthy.
